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West Fraser Says It Will Record a $409M Charge Due to Economic Conditions in Q4
The $409 million goodwill impairment reflects a downcycle with lower demand and pricing for wood chip residuals, impacting West Fraser's U.S. lumber operations.
- On 01/08/2026 West Fraser Timber Co. Ltd. announced it will record an approximately $409 million non-cash impairment of Lumber segment goodwill in the fourth quarter of 2025.
- West Fraser management recalibrated assumptions after a protracted industry downcycle, citing species-specific product pricing trends, lower demand and pricing for wood chip residuals, and the downturn's depth and duration.
- The impairment wipes out the entire goodwill tied to the company's U.S. lumber operations, while West Fraser operates more than 50 facilities producing lumber, engineered wood products, pulp, newsprint, wood chips and residuals.
- Providing immediate guidance, West Fraser said 2026 shipment targets include SPF and SYP of 2.4 to 2.7 billion board feet and $300 to $350 million in capital expenditures.
- Amid the announcement, West Fraser noted a December curtailment affecting 190 employees and cautioned investors that actual results may differ with possible additional non-cash charges.
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castanet.net+6 Reposted by 6 other sources
West Fraser says it will record a $409M charge due to economic conditions in Q4
West Fraser Timber Co. Ltd. says it will record a goodwill impairment charge in its lumber segment in the fourth quarter, citing persistently challenging economic conditions. The Vancouver-based wood products company says it expects the non-cash impairment charge to come in around $409 million. West...
·Kelowna, Canada
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The Berkshire Eagle+23 Reposted by 23 other sources
West Fraser Announces Goodwill Impairment and Provides 2026 Operational Outlook
VANCOUVER, BC, Jan. 8, 2026 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it will record an impairment of its Lumber segment goodwill in the fourth quarter of 2025…
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Leaning Left6Leaning Right2Center7Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 40%
C 47%
13%
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